SUWANEE, Ga., January 31, 2011 - Mitsubishi Electric Cooling and
Heating Solutions (Mitsubishi Electric), an industry leader in
split-zoning and variable refrigerant flow (VRF) cooling and
heating technology in the U.S., today announced that it will
incorporate Honeywell's
(NYSE:HON)
RedLINK™ wireless HVAC protocol into Mitsubishi Electric's line
of split-ductless and ducted heat pumps. The RedLINK-enabled
split-ductless system is designed to maximize comfort and reduce
energy costs.

"Mitsubishi Electric is excited to begin this journey with
Honeywell. The RedLINK-enabled system personifies our commitment to
providing consumers with the smartest way to individualize and
perfect the comfort of their indoor environment," says Bill Rau,
senior vice president and general manager, Mitsubishi Electric
Cooling and Heating Solutions.

With RedLINK technology, a wall-mounted wireless remote
controller (pictured above left) communicates through radio
frequency, meaning that the wireless controller(s) can be placed in
a different room than the indoor units and that no wires need to be
run through the walls. The wall-mounted controller(s) will look
almost identical to traditional wall-mounted thermostats to which
customers in the U.S. market are accustomed, with easy-to-read
backlit displays and intuitive operational functions.

For added convenience and comfort, the Portable Central
Controller (PCC) allows users the freedom of climate control of up
to 16 zones from anywhere in the home such as the bedroom, den or
wherever they happen to be. Homeowners can save even more on
utility bills without sacrificing in comfort - as they can heat or
cool only the rooms in the home used every day.

"The collaboration with Mitsubishi Electric will make an
immediate impact on our industry; improve the interaction between
contractors and their customers; and ultimately increase the
overall satisfaction of home and building owners," says John
Tyhacz, vice president and general manager for Honeywell's Home
Comfort and Energy Systems business.

The control system will also operate all of the sophisticated
control functions traditionally available in Mitsubishi Electric
cooling and heating systems, including complete zone control,
adjustable fan speed, vane positioning and more.

RedLINK technology will be available in controllers for
Mitsubishi Electric's P-Series units of split-ductless and ducted
heat pumps in March, with Mitsubishi Electric's residential
M-Series units featuring the wireless HVAC protocol soon
following.

To learn more about this and other products from Mitsubishi
Electric Cooling and Heating Solutions, visit www.mehvac.com.

# # #

About Mitsubishi Electric Cooling and Heating
Solutions:

For more than 30 years, Mitsubishi Electric Cooling and Heating
Solutions, with headquarters in Suwanee, Ga., has been a leading
marketer of intelligent air-conditioning and heating technology,
manufactured by its parent corporation, Mitsubishi Electric. The
Division's market distribution includes North America, Latin
America, the Caribbean and Bermuda. In 2011 the Dedicated Outdoor
Air System received a first place AHR Innovation award in the
ventilation category, and the VRF H2i® Y-Series and the
Hydronic Heat Exchanger both received honorable mentions in the
heating category and green building category, respectively.
In 2009, the CITY MULTI® VRF system was judged a Product
of the Year Gold Award winner in the HVAC/R category by subscribers
of Consulting-Specifying Engineer (CSE). Mitsubishi
Electric HVAC's Mr. Slim® P-Series Hyper-Heat INVERTER
systems received a Readers' Choice Award from Building
Products magazine and CITY MULTI received Honorable Mentions
in the HVAC Commercial Equipment and Dealer Design award
competitions from ACH&R News. In 2008, Mitsubishi
Electric HVAC not only received a Top Products Award from
Building Operating Management for its P-Series four-way
cassette, but its Mr. Slim MSZ-FD09/12NA was voted #1 in the
Contracting Business HVAC Comfortech Product Showcase
Awards in the Forced Air Heating category.

About Honeywell

Honeywell International (www.honeywell.com) is a
Fortune 100 diversified technology and manufacturing leader,
serving customers worldwide with aerospace products and services;
control technologies for buildings, homes and industry; automotive
products; turbochargers; and specialty materials. Based in Morris
Township, N.J., Honeywell's shares are traded on the New York,
London, and Chicago Stock Exchanges. For more news and
information on Honeywell, please visit www.honeywellnow.com.